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Baht volatility worries
labor-intensive exporters
The government should attempt to closely supervise the
baht to curb its volatility; otherwise the export of labor-intensive
products, including textiles, would be adversely affected, according to an
industry executive.
Suchart Chandranakaraj, President of the Association of
Thai Garment Industry, said that the textile export grew around 8-9% in the
first seven months of this year and that it was projected that the export of
the product would enjoy 6-7% growth for the whole year since the global
economic direction had improved. He added that the competitiveness of
exporters had been enhanced since the government began assisting them in
seeking new export destinations.
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‘Dressed like gods’ - the
cultural event of the year From October 19 until 22 December 22, ‘Dressed like
gods’, a major Mexican archaeological exhibition will be held at the
National Museum, Bangkok. This unique event will be one of the major
cultural events during APEC and of Thailand in 2003. It will be the first
opportunity that Thais have ever had to see artifacts from one of the
world’s great cultures.
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